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WZH stock that currently does not pay a dividend is expected to pay its first dividend of EGP 2.50 five years from today. Thereafter, the

WZH stock that currently does not pay a dividend is expected to pay its first dividend of EGP 2.50 five years from today. Thereafter, the dividend is expected to grow at an annual rate of 15% for the next three years and then grow at a constant rate of 6% per year thereafter. The required rate of return is 13%. The value of WZH stock today is closest to:

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